$BTC 8.19 Tuesday Evening Bitcoin Analysis
On the hourly level, the price is under pressure from the upper MA144 and MA169 moving averages, with weak rebounds. The MACD indicator shows that the DIF is below the DEA, and although the green bars have narrowed, the momentum has not completely dissipated. If it cannot effectively break through the previous high of 116938, it is likely to fall back and test the support at 114303.
Personal suggestion, for reference only (strictly set defenses)
Bitcoin range 116300-116800, target 115000, 113800.
On the hourly level, the price is under pressure from the upper MA144 and MA169 moving averages, with weak rebounds. The MACD indicator shows that the DIF is below the DEA, and although the green bars have narrowed, the momentum has not completely dissipated. If it cannot effectively break through the previous high of 116938, it is likely to fall back and test the support at 114303.
Personal suggestion, for reference only (strictly set defenses)
Bitcoin range 116300-116800, target 115000, 113800.
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BTC
113,440.01
-1.33%
